The 67th Cannes International Film Festival opened yesterday with a bang. Grace de Monaco, the controversial Grace Kelly biopic starring Nicole Kidman, created big time buzz. However, the buzz was mostly negative and the film is being called a huge flop and disaster.

Thankfully, the red carpet fashion was a success. Many journalists and onlookers who were lucky enough to attend the most celebrated film festival of the year, gushed over Blake Lively. According to Metro, she won the red carpet on opening day.

Lively has recently been on fashion-fire. At the annual Met Gala on May 5, the usually red carpet shy couple of Lively and husband Ryan Reynolds, wowed the crowd with classic chic and grace.

Last night in France, the 26-year-old model and actress who is in Cannes for her work with L’Oreal Paris, absolutely stunned in a burgundy Gucci gown.

OMG, how gorgeous is Blake Lively?! See more amazing star fashion at #Cannes: http://t.co/vlKsBXUFJ2 pic.twitter.com/JTddh3ZjRt

— E! Online (@eonline) May 15, 2014

It was a rough day for Nicole Kidman, who was forced to defend her film about Kelly’s first years as princess after she married Prince Rainier III of Monaco. However, the Aussie actress saved grace at the red carpet evening premiere of the film with a fresh looking Armani Prive chainmail gown.

Nicole Kidman's "Grace of Monaco" opens the 67th Cannes Film Festival (PHOTOS) http://t.co/NGAwBJIbM8 pic.twitter.com/jSxR0PpHdX

— Variety (@Variety) May 14, 2014

Here are a few more shots from Wednesday’s red carpet.

Blake, Kendall, or Zoe: Whose #Cannes look is your favorite? http://t.co/jwR6od0dfx pic.twitter.com/F0YlC5Ww0i

— E! News (@ENews) May 15, 2014

Hollywood brought its A-game to France for the 2014 @Cannes Film Festival: http://t.co/NOoQzLnf88 pic.twitter.com/T5kYCzfYxz

— W magazine (@wmag) May 15, 2014

Which #actress was spotted in this @ElieSaabWorld look on the #Cannes #redcarpet? http://t.co/zM58QVsZZD pic.twitter.com/fyNKOsHONm

— Vogue.fr (@VogueParis) May 15, 2014

Ryan Gosling is also in town for his directorial debut The Lost River, which is being described as a fantasy thriller. The Detroit based film stars Christina Hendricks, Matt Smith, and Saorse Ronan. Gosling also wrote the screenplay.

Here’s a shot of Julianne Moore in a custom made Luis Vuitton from today’s red carpet.

.@_JulianneMoore in a custom made #LouisVuitton dress and a Petite Malle clutch at #Cannes2014 pic.twitter.com/r5dmYZuAkL

— Louis Vuitton (@LouisVuitton) May 15, 2014

There is plenty more star power and fashion to come out of Southern France. The festival runs through May 25.

Image via YouTube Screenshot